House flippers triggered the US housing market crash, not poor subprime borrowers

Analyzing a huge data set of anonymous credit scores from Equifax, a credit reporting bureau, the economists—Stefania Albanesi of the Continue reading →

Warren Wants FBI Transparency About Financial Crisis

Sen. Elizabeth Warren wants the FBI to explain why people involved in causing the 2008 financial crisis didn’t face criminal Continue reading →

Deutsche Bank Whistle-Blower Spurns $8 Million SEC Reward

A former Deutsche Bank AG risk officer said he was refusing an $8.25 million reward from the Securities and Exchange Continue reading →

“When You Dial 911 and Wall Street Answers”: How Private Equity Profits off Our Daily Lives

When you woke up this morning, chances are your morning routine was touched in some way by a private equity Continue reading →

Why the Government is Getting Fed Up with Wall Street All Over Again

Democrats and Republicans agreed on almost nothing at their conventions except this: Both party platforms signaled support for resurrecting a Continue reading →

Rising Populism around the world is unnerving the Global Elites

By Robert A. Vella Up until the 2008 financial crash which drove the world’s economies into the Great Recession, a Continue reading →

International Elections: Reformists/Moderates win big in Iran, Centrist Establishment loses in Ireland

By Robert A. Vella The results from two notable elections highlight the shifting fortunes of political interests around the globe. Continue reading →

HSBC Must Pay $470M For Alleged Abusive Loan Practices

Thousands of homeowners who lost their homes or had their loans modified will receive a portion of a $470 million Continue reading →